Tech mergers: Is an 'anxiety boom' under way?

June 1, 2015 6:48 PM

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It's merger Monday, but stocks are steady. , The Nasdaq Composite was higher on news that Intel (INTC) has agreed to acquire Altera (ALTR) in a transaction that values the programmable logic chipmaker at $16.7 billion.

) in a $37 billion deal the Journal labeled "the largest technology acquisition on record."